Topdrawer, a Japanese/American company known for luxury leather goods, bags, house shoes, fine paper, premium pens, Japanese goods and other nomadic tools, signed a lease for its first store in Manhattan at KPG’s 155 Spring, the real estate firm announced.
“We are thrilled to have Topdrawer open their first location in Manhattan at KPG’s 155 Spring. Soho foot traffic has now surpassed pre-COVID-19 levels, and Topdrawer seized the opportunity to join an unbelievably curated group of retail tenants at 155 Spring,” said Greg Kraut, KPG’s CEO. KPG purchased the building earlier this year and has brought it up to 100% occupancy.
The chain, which has locations in Boston, San Francisco, Chicago and Los Angeles, plans to move into the space in early December. The asking rent was $400 per square foot for the 15-year deal.
The 60,000-square-foot property, first constructed in 1910, is also home to other top retailers such as APM Monaco, Modere, Vera Bradley and Park West Gallery.
